Moink Shark Tank Update

Moink Shark Tank Pitch

Lucinda Cramsey appeared on Shark Tank Season 10, Episode 15, which aired on March 9, 2019, with Ethical meat subscription box service.

Moink is listed in the Food Beverage category. In plain terms, the business is described as Ethical meat subscription box service.

Moink asked the Sharks for $250,000 for 10%, implying a valuation of about $2.5 million.

On the show, Moink made a listed deal for $400,000 for 20%.

If treated as straight equity, the listed deal works out to about $2 million implied valuation, down from the original $2.5 million implied valuation.

This pitch is included as context for the more important question: what happened after Shark Tank.

Moink After Shark Tank

Moink accepted an on-air Shark Tank deal for $400,000 for 20%, then continued operating after the episode. (Moink Shark Tank Update

By June, 2021, update sources put Moink's annual revenue around $7.4 million. (Moink Shark Tank Update

When there were no workers, community members came and helped. (Moink Shark Tank Update

The deal with Siminoff did close and the company later returned for an update segment in season 11, episode 1107. (Moink Shark Tank Update

The current brand site points customers to www.moinkbox.com. (Moink website

Sources

Sources used for this page: Shark Tank API pitches